Siemens is setting the course for long-term value creation through accelerated growth and stronger profitability with a simplified and leaner company structure. The Siemens of the next generation will be inspired by its purpose and connected by its culture of ownership. The primary aim of our Vision 2020+ company strategy is to give Siemens’ individual businesses significantly more entrepreneurial freedom under the strong Siemens brand in order to sharpen their focus on their respective markets. Below the Group level, there will be three Operating Companies and three Strategic Companies. The realignment will enable Siemens to better serve its customer and orient its activities to the requirements of the industries in which it operates.